Top Business Ideas That Can Thrive In London
Any business-minded person would want to explore profitable and creative entrepreneurial ideas in London. And who would blame them? The city is, after all, one of the most attractive places to launch a business, being the capital of England and the UK. In fact, London is among the world’s major business centres, offering opportunities in numerous sectors, including entertainment, media, commerce, and transport.
So, as you can see, there are many businesses you can start in the city, be it small-scale startups or large organisations. But the main question is, what are your business options in such a promising city? Here are some of the best and trending businesses you can do in London.
1. An Online Casino
With the long history of success experienced in the casino sector, it’s no coincidence that London is referred to as the heart of gambling in the UK. But what happens if you don’t have the huge amount of capital required to start a land-based casino? That’s where online casino sites come in. With a good talent source for developers and staff, you can open up an entry-level gaming site for about $20,000.
After that, you can check out how popular online casinos like Duelz Casino UK package themselves and try to emulate them. This means you’ll need to offer amazing features like low deposits, bonuses, excellent customer support and offer multiple payment methods, to mention but a few.
2. Fast Food Delivery
It’s no secret that most people have a taste for takeaway now and then. This especially applies to Londoners in the borough of Westminster, as it was crowned ‘the takeaway capital of the UK’. The title was backed by studies reporting that the area recorded at least 115 takeaways per 100,000 people.
If you have culinary skills and are considering distributing your food in the city you love, you will succeed in fast food delivery. Even if you already own a restaurant, you can increase your profits by expanding your business to the takeaway market via apps like Uber Eats and Delieroo.
3. Urban Farming
Those passionate about farming and have limited capital can consider urban farming in the UK. The good thing is there are many options to consider, with some of the most profitable ones including mushrooms, greenhouse, and microgreens farming.
If you’re worried about where you’ll get a market for your products, don’t be. You can sell your produce to surrounding restaurants, stores, and individual clients. It all depends on how you advertise yourself, and in this digital age, you can do this easily through social media.
4. Drone Photography
One of the major businesses growing traction in London and beyond is professional photography and videography. As a result, the demand for freelance drone photographers has skyrocketed over the years. Their skills are applied to a wide range of events, such as weddings, anniversaries, and graduations.
But you won’t only be limited to events with this venture. Some clients might also want to use your skills in other sectors, such as infrastructural damage assessment and land surveying. You can become eligible for this type of business by obtaining a CAA drone licence and adhering to London’s drone laws.
5. Personal Training Services
Most of London’s economy is built on the service-based sector, so most people work while sitting behind desks. As a result, this inactive lifestyle pushes them to seek ways to invest in their health and fitness. This conquest, inevitably, requires a more personal approach to cater to different people’s schedules.
That’s where starting a business as a personal trainer comes in. You’ll only require an easily attainable set of qualifications to begin offering your services. These include a Level 2 Diploma in Instructing and Fitness, a Level 2 Certificate in Fitness Instructing, and a Level 3 Certificate in Personal Training.
Take Advantage of the Opportunities in London
There’s no doubt that you’re lucky if you live in or around London and want to join the business world. Not only does the city offer a lot of opportunities, but it also comes with all the talent and technology you’d want to complement your ideas. So, if you’re open to launching your business in London, don’t think twice. The chances of its success are likely to be higher than you can imagine. Good luck!